Analysis by FiveThirtyEight offers a lesson in trade-offs. In this case: how much more New Yorkers are willing to pay for less time spent commuting.
"How much would you be willing to pay to shave a minute off your commute?" asks a post by Carl Bialik. "For New Yorkers, the answer appears to be around $56 per month."
"That’s how much more New Yorkers pay in rent, on average, for a one-bedroom apartment that’s a minute closer by subway to Manhattan’s main business districts," according to Bialik, summarizing analysis that crunched data from the real estate listing service StreetEasy.
Bialik also notes that given the forthcoming 18-month closure of the L Train, "residents of Williamsburg and other Brooklyn neighborhoods on the L train could soon be paying less in rent."
FULL STORY: New Yorkers Will Pay $56 A Month To Trim A Minute Off Their Commute
Housing Out of Reach as Costs and Mortgage Rates Rise
The monthly costs—mortgage payments, property taxes, and insurance—of a typical low-end home in the Boston region has reached $3,600 a month. A typical home costs $5,000 a month.
Land Costs and Housing Costs
One common argument against upzoning is that it increases land costs—but land costs rose in the most restrictive markets as well as the least restrictive ones.
Commute Frustrations Boil Over in Massachusetts Poll
A recent poll of Massachusetts voters was able to connect the realities of the housing market to the frustrations of the daily commute.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service